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Biotech / Medical : VICL (Vical Labs)

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To: celeryroot.com who wrote (1119)9/10/1999 11:32:00 PM
From: Scott H. Davis   of 1972
 
CR, I looked for news, forgot to check the chart. Look at where VICl stood going into today.

siliconinvestor.com

ViCL had been hitting 15 as a point of resistance several times, but each time from a progressively higher base. Technically this is an ascending triangle, a bullish pattern which I have found to be a fairly good predictor of an upside breakout.

And the nice thing now is that the stock is nowhere near overbought. Should be more upside room, especially if we get some more good news and/or coverage. IMSCO Scott
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